Data Fabric Market is projected to reach US$ 2,466.12 million by 2028

The data fabric market is projected to reach US$ 2,466.12 million by 2028 from US$ 1,241.04 million in 2021; it is estimated to register a CAGR of 10.3% during 2021–2028.

According to new research study on Data Fabric Market research report provides size, share, trends, analysis report contains all study material about market industry overview, growth, demand and forecast research in all over the world. The report also analyses the competitive structure of the Data Fabric and provides the profiles of major players operating in the market. Growth inducing factors, market restraints and recent developments have also been analyzed in the report in order to provide deeper knowledge about the industry.

The data fabric market is projected to reach US$ 2,466.12 million by 2028 from US$ 1,241.04 million in 2021; it is estimated to register a CAGR of 10.3% during 2021–2028.

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Growing internet usage and rising several connected devices, such as smartphones, laptops, tablets, and computers, directly increase the quantity and variety of business data. For instance, cameras and sensors are used for monitoring purposes and gather location data continuously. The increasing need for meaningful insights from the collected data fuels the adoption of data analytics among businesses. For analytics purposes, the data is extracted from the data fabric.

Key Players Covered In This Report:

  • Denodo Technologies Inc
  • Hewlett Packard Enterprise Company
  • IBM Corp.
  • Informatica Corporation
  • K2VIEW
  • NetApp, Inc.
  • Oracle Corporation
  • SAP SE
  • Software AG
  • Teradata Corporation

Further, while analyzing, data fabric integrates data from structured, semi-structured, and unstructured data sets. The variety of business data and the quantity of data sets are increasing daily due to the evolution of digitalization across several business organizations. For instance, according to Domo’s Eighth-Annual Data, consumers spend US$ 1 million online, making 1.4 million video and voice calls, sharing 150,000 messages on Facebook and streaming 404,000 hours of videos on Netflix. Thus, the collective data that needs to be managed is in a vast quantity. Therefore, the data fabric is used for data management. Data fabric helps integrate data from various sources, store large amounts of data, and analyze it seamlessly in one place. Therefore, the demand for data fabric is growing for gathering business information.

The research provides answers to the following key questions:

  • What is the estimated growth rate of the market for the forecast period 2021-2028? What will be the market size during the estimated period?
  • What are the key driving forces responsible for shaping the fate of the Data Fabric market during the forecast period?
  • Who are the major market vendors and what are the winning strategies that have helped them occupy a strong foothold in the Data Fabric market?
  • What are the prominent market trends influencing the development of the Data Fabric market across different regions?
  • What are the major threats and challenges likely to act as a barrier in the growth of the Data Fabric market?
  • What are the major opportunities the market leaders can rely on to gain success and profitability?

MARKET SEGMENTATION

By Deployment

  • Cloud
  • On-Premises

By Component

  • Software
  • Services

By Solution

  • Data Discovery
  • Data Ingestion
  • Data Orchestration
  • Fabric Data Access
  • Data Management
  • Fabric Management

By End User

  • BFSI
  • IT Telecom
  • Retail
  • Healthcare Pharmaceuticals
  • Others

The report covers the main drivers in the industry. In addition to the competitive planning in this area, it also provides an in-depth analysis of key growth trends and market prospects in the years to come. The research report also provides a clearer understanding of market trends for all manufacturers and investors.

About Us:

The Insight Partners is a one-stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Healthcare, Manufacturing and Construction, Media and Technology, Chemicals, and Materials.

Contact Us:

If you have any queries about this report or if you would like further information, please contact us:

Contact Person: Sameer Joshi

E-mail: [email protected]

Phone: +1-646-491-9876


Harshal Naik

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